How A Nation Fails

Michael Lewis has an eye-opening article on Greece well worth reading in full. What form of journalism can Michael not do better than almost anyone else? From the conclusion:

Thequestion everyone wants an answer to is: Will Greece default? There's aschool of thought that says they have no choice: the very measures thegovernment imposes to cut costs and raise revenues will cause what isleft of the productive economy to flee the country. The taxes are lowerin Bulgaria, the workers more pliable...

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Published on September 08, 2010 08:53
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